INDIAN EQUITY BENCHMARKS rose more than 1% on Monday to mark a third consecutive day of gains as buying by insurers supported blue-chips such as HDFC Bank, while higher Asian shares and hopes of progress on key reforms underpinned the broader market. The S&P BSE Sensex and CNX Nifty ended 1.21%-1.20% higher each.
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The crucial resistance for Nifty is now seen at 8365 and above this 8425. Support for the immediate term is now placed at 8225 and next support will be 8145.
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